What the Latest "Hot News" Ruling Means for Financial Web Sites - And Maybe Your Blog
The hot news doctrine, created a century ago to prevent telegraphy from spoiling the prospects of East Coast newspapers, is having a resurgence in the digital era. It's just been used to squash publications by financial news aggregator Web sites.
There's a fascinating piece explaining this news over at MediaShift--centering on the federal district ruling from May 18th, Barclays Capital Inc. versus TheFlyOnTheWall.com, that forbids the financial news aggregator Web site from broadcasting daily...
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